The Libyan Audit Bureau has revealed corruption and bribery cases for some officials working within the Audit Bureau itself.

The Head of the Presidential Council (PC), Fayez Al-Sarraj, reaffirmed on Tuesday, his eagerness to provide the High National Elections Commission (HNEC) with full support, with a view to creating suitable conditions for holding fair and transparent elections.

Ever since Libya’s descent into division and political and economic chaos in 2014, the affairs of the Libyan Investment Authority (LIA) have mirrored those of the country. Competing claims to the authority’s leadership resulted in a lack of proper supervision of the LIA’s assets and subsidiaries, worth over $67 billion …

Libya’s Tripoli based Audit Bureau announced yesterday that the head of its Public Sector Financial Supervision Department, Rida Gergab, was ‘‘kidnapped and forcibly held’’ on the same day by ‘‘a group affiliated with the Interior Minister’s Office’’.

The Libyan Investment Authority (LIA) and its chairman, Dr Ali Mahmoud, have won a landmark legal case before the English Commercial Court in London which confirms his status as the sole validly-appointed chairman of the LIA.

The Head of the Libyan Presidential Council Fayez Al-Sarraj has delayed a meeting for the Board of Trustees of the Libyan Investment Authority (LIA) from Sunday – March 15 – to a further notice.

The head of the Audit Bureau, Khaled Shakshak has said that international indicators on the phenomenon of corruption in Libya are inaccurate.

The Tripoli-based House of Representatives (HoR) announced yesterday the signing of the minutes of a joint agreement between the National Anti-Corruption Commission, the Audit Bureau and the Administrative Control Authority.

Members of the Constitution Drafting Assembly (CDA) of the Tabu and Tuareg components called for a review of the draft constitution and to be reconsidered by the CDA, under the auspices of the United Nations Support Mission in Libya.

The east-based Administrative Control Authority of the House of Representatives in Tobruk called on Monday for the release of its chairman Abdelsalam Al-Hassi who was abducted late on Sunday.